Tag Archives: «Mortgage»

There are some cases where a person cannot obtain the disability discharge but may still be able to obtain an undue hardship discharge in bankruptcy. Kentucky Higher Education Student Loan Corporation “KHESLC” is not the Department of Education. However a loan may have originated at Kentucky Higher Education Student Loan Corporation and may have been purchased…

Just when you thought it was safe to go back into the water another shark eating shark shows up. You would think a closing attorney or bank wouldn’t have to pay both the seller and the buyer for a building. Wrong. Not so when bankruptcy allows a trustee to undo a perfectly good property purchase….

These loans are often bought and sold in securities markets but can be serviced by the original lender. Without a home you may live with a relative or you may even live out of a car. But if you don’t have a car to get to work in life may be impossible. In 2015 Santander Consumer…

In 2005, older adults owed $2.8 Billion in federal student debt. In 2013, this increased to over $18 Billion, according to the Government Accountability Office (GAO) in 706,000 households compared to 22 million households with the remaining student load debt. People over 65 left on social security default their student loan debt at a much higher rate. Although other debts like income taxes…

Timing when to file bankruptcy is everything. It hurts a lot less if you know what to do. It is a lot less stressful if you know what you are doing and what is happening. File too early and you may not discharge certain debts like an income tax or some student loan debts. Wait too long and the…

Bankruptcy tends to save marriages jobs credit and cosigners. Debt hurts these relationships. If you want to know how bankruptcy can save a marriage, protect a spouse or cosigner, prevent a job loss and restore credit it is in the last paragraph. But the effects of debt are important to know first. If you ever…

Kentucky Default Summary and Agreed Judgments Kentucky default summary and agreed judgments are written decision of a court which quickly end undisputed cases. If you disagree with a judgment you have a very short period of time to object and appeal. If you fail to appeal and object you essentially agree to the decision. Once a judgment has been…

Kentucky Rescue and Predatory home mortgage fraud Rescue and Predatory home mortgage frauds are common. Recently a person came into our office after sending 10,000 dollars to a company in California. That company claimed they would save their home from foreclosure. The company claimed they would take payments from them and then make mortgage payments and…

Foreclosure Landlord Tenant Lease Evictions If the rental property is in foreclosure, the Landlord owns a property until the day the property transfers to the new owner. The Landlord or Owner may occupy, use, lease or sell the property as he or she sees fit unless the mortgage and note have some restriction. There are often…

A deed in lieu of foreclosure only means you automatically and immediately lose possession of the home. A deed in lieu will not normally be accepted when there are other liens against the home or a second mortgage. Each lien and mortgage has to agree to release their lien. You have to work to get…